PENGARUH MODAL KERJA, UMUR PERUSAHAAN, DAN FIRM SIZE TERHADAP PROFITABILITAS PERUSAHAAN YANG TERGABUNG DALAM INDEKS LQ 45 DI BURSA EFEK INDONESIA TAHUN 2010 – 2012
Daftar Isi:
- This study aims to determine the partial of the influence of working capital, firm age and firm size towards profitability. The analysis used independent variable of working capital, firm age and firm size. The independent variable working capital is calculated by the formula of current assets minus curret liabilities, firm age calculated from the company’s corporate stading until 2012 and firm size is calculated using the logaritma of total assets. The dependent variable is profitability. Return on Investment (ROI) is used to measured profitability. The sample used in this research was the secondary data from annual report of Manufacturing companies which listed on Indonesia Stock Exchage in 2010-2012. The sample was taken using the method of purposive sampling, and those meeting the selection criteria were also taken. The sample used was of 26 companies. The statistic method used was multiplied analysis linear regression with hypothesis testing of statistict. The results of research show that partially independent variables working capital and firm age does not have a significant effect on profitability. While the partially independent variables firm size have a significant influence on the profitability of the companies belonging to the LQ 45 index in Indonesia Stock Exchange 2010-2012. Keywords: Working Capital, Firm Age, Firm Size, Profitability, Return On Investment (ROI), Indonesia Stock Exchange 2010-2012